Sunday, May 2, 2010

An overview of the “new” Equinix

On April 23, Equinix (EQIX) and Switch and Data (SDXC) announced the closing of the Department of Justice investigation of Equinix's acquisition of Switch and Data.



The merger officially closed on April 30, 2010, and it may be worth looking at the new footprint of data centers that the combined Company is now offering in the North American market.




With this move, Equinix added 34 facilities in 22 markets in the U.S. and Canada, or about one million gross square feet of data center capacity, bringing the total global footprint to 87 data centers in 35 markets and more than six million square feet across North America, Europe and Asia-Pacific.

If we look at the latest numbers released by the Companies, Switch and Data had about 8,920 cabinet equivalents billing in the 1Q 2010, and an inventory available of about 5,080 cabinets.

Equinix ended the 1Q 2010 with about 23,600 cabinet equivalents billing in the U.S., and a further inventory of about 5,900 cabinets, half of them already pre-assigned (all numbers exclude new expansions forecasted for the remaining of the year).

In other words, with this acquisition Equinix almost doubled the inventory of cabinet equivalents available in the North American market. Assuming all cabinets could be sold overnight, at an average of $ 2,000 per month (probably a conservative number), the combined Company has, from day one, and without further expansions, the capacity to add an annual revenue rate of about $ 263 million.



Here is a summary of the facilities available in the north American market from the “new” Equinix:

Atlanta:

Marietta Street: ~ 27,000 sqft.

Boston

West Street: ~ 22,000 sqft.

Buffalo

Main Street: ~ 24,700 sqft.

Chicago (Chicago, Elk Grove Village)
  • CH1 Chicago IBX Center: ~170,000 sqft.

  • CH2 Chicago IBX Center: ~120,000 sqft.

  • CH3 Elk Grove Village IBX Center: ~228,000 sqft.

  • CH4 Chicago IBX Center: ~19,400 sqft.

  • Chicago La Salle Data Center ~ 21,750 sqft.

Cleveland

Euclide Avenue: ~12,100 sqft.

Dallas
  • DA1 Dallas IBX Center: ~ 61,500 sqft.

  • Dallas 2323 Bryan Data Center: ~ 17,200 sqft.

  • Dallas 4101 Bryan Data Center: ~ 14,500 sqft.

  • Dallas Infomart Data Center: ~ 17,300 sqft. + ~ 23,300 sqft.

Denver

East Easter Avenue: ~ 18,900 sqft.

Detroit

Lahser Road: ~ 12,000 sqft.

Indianapolis

West Henry: ~ 14,600 sqft.

Los Angeles
  • LA1 Los Angeles IBX Center: ~67,000 sqft.

  • LA2 Los Angeles IBX Center: ~33,000 sqft.

  • LA3 El Segundo IBX Center: ~107,000 sqft.

  • LA4 El Segundo IBX Center: ~ 177,000 sqft.

  • Los Angeles Data Center: ~ 20,850 sqft.

Miami
  • Miami Metro Mall Data Center: ~ 15,000 sqft.

  • Miami Second Street Data Center: ~ 17,500 sqft.

Nashville

Fourth Avenue: ~ 19,650 sqft.

New York (Newark, New York City, Secaucus, North Bergen)
  • NY1 Newark IBX Center: ~ 46,500 sqft.

  • NY2 Secaucus IBX Center: ~184,000 sqft.

  • NY3 New York City IBX Center: Equinix Exchange services only

  • NY4 Secaucus IBX Center: ~340,000 sqft.

  • New Jersey North Bergen Data Center: ~ 163,000 sqft.

  • New York Hudson Data Center: ~ 18,200 sqft.

  • New York Broadway Data Center: ~ 16,850 sqft.

  • New York 111 8th Data Center: ~ 55,700 sqft.

Philadelphia
  • Philadelphia Broad Data Center: ~ 21,300 sqft.

  • Philadephia Market Data Center: ~ 20,550 sqft.

Phoenix

North Central Avenue: ~ 14,150 sqft.

Pittsburgh

South Commons: ~ 20,700 sqft.

Seattle
  • Seattle Securities Building Technology Data Center: ~ 19,150 sqft.

  • Seattle Westin Building Data Center: ~ 43,600 sqft.

Silicon Valley (Palo Alto, San Jose, Santa Clara, Sunnyvale)
  • SV1 San Jose South IBX Center: ~133,500 sqft.

  • SV2 Santa Clara IBX Center: ~160,000 sqft.

  • SV3 San Jose North IBX Center: ~103,000 sqft.

  • SV4 Sunnyvale IBX Center: ~120,000 sqft.

  • Palo Alto Data Center: ~ 45,300 sqft.

  • San Jose Data Center: ~ 20,000 sqft.

  • Sunnyvale Data Center: ~ 41,850 sqft.

St. Louis

North Tucker Street: ~ 21,950 sqft.

Tampa

North Franklin Street: ~ 13,150 sqft.

Toronto

Front Street: ~ 25,900 sqft.

Washington, DC (Ashburn, VA)
  • DC1 Ashburn IBX Center: ~43,000 sqft.

  • DC2 Ashburn IBX Center: ~147,600 sqft.

  • DC3 Ashburn IBX Center: ~95,500 sqft.

  • DC4 Ashburn IBX Center: ~100,000 sqft.

  • DC5 Ashburn IBX Center: ~92,000 sqft.

  • Reston Data Center: ~ 15,250 sqft.

  • Vienna SAIC Data Center: ~ 44,400 sqft.

  • Vienna Tyco Data Center: ~ 24,600 sqft.

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